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Karachi, Altern Energy Ltd. (ALTN), part of the Pakistan Stock Exchange since 1998, reported a negative earnings per share (EPS) of Rs. (0.23) for the fiscal year ending June 2023. Despite the negative earnings, the company declared a 185% dividend for 2022 and a 47% dividend for 2023. Altern Energy’s daily weighted average rate was Rs. 21.33, decreasing slightly to Rs. 21.26. The company’s paid-up capital is Rs. 3,633.80 million, indicating its commitment to shareholder returns in the power generation and distribution sector.
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